Acorah Software Products - Accounts Production 19.4.300 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 12336981 B Davis M Davis Mrs J Davis Mrs J Davis Mrs G Davis G Davis Mrs E E Davis R J Davis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12336981 2024-12-31 12336981 2025-12-31 12336981 2025-01-01 2025-12-31 12336981 frs-core:CurrentFinancialInstruments 2025-12-31 12336981 frs-core:ComputerEquipment 2025-12-31 12336981 frs-core:ComputerEquipment 2025-01-01 2025-12-31 12336981 frs-core:ComputerEquipment 2024-12-31 12336981 frs-core:FurnitureFittings 2025-12-31 12336981 frs-core:FurnitureFittings 2025-01-01 2025-12-31 12336981 frs-core:FurnitureFittings 2024-12-31 12336981 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-12-31 12336981 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 12336981 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 12336981 frs-core:MotorVehicles 2025-12-31 12336981 frs-core:MotorVehicles 2025-01-01 2025-12-31 12336981 frs-core:MotorVehicles 2024-12-31 12336981 frs-core:PlantMachinery 2025-12-31 12336981 frs-core:PlantMachinery 2025-01-01 2025-12-31 12336981 frs-core:PlantMachinery 2024-12-31 12336981 frs-core:ShareCapital 2025-12-31 12336981 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 12336981 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 12336981 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 12336981 frs-bus:SmallEntities 2025-01-01 2025-12-31 12336981 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 12336981 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 12336981 frs-core:CostValuation 2024-12-31 12336981 frs-core:CostValuation 2025-12-31 12336981 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 12336981 frs-core:ProvisionsForImpairmentInvestments 2025-12-31 12336981 frs-bus:Director1 2025-01-01 2025-12-31 12336981 frs-bus:Director2 2025-01-01 2025-12-31 12336981 frs-bus:Director3 2025-01-01 2025-12-31 12336981 frs-bus:Director4 2025-01-01 2025-12-31 12336981 frs-bus:Director5 2025-01-01 2025-12-31 12336981 frs-bus:Director6 2025-01-01 2025-12-31 12336981 frs-bus:Director7 2025-01-01 2025-12-31 12336981 frs-bus:Director8 2025-01-01 2025-12-31 12336981 frs-countries:EnglandWales 2025-01-01 2025-12-31 12336981 2023-12-31 12336981 2024-12-31 12336981 2024-01-01 2024-12-31 12336981 frs-core:CurrentFinancialInstruments 2024-12-31 12336981 frs-core:ShareCapital 2024-12-31 12336981 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 12336981
Sov Holdings Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Norsta Group Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12336981
2025 2024
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 904,901 934,152
Investments 5 100 100
905,001 934,252
CURRENT ASSETS
Stocks 6 210,422 210,422
Debtors 7 290,381 215,212
Cash at bank and in hand 473,145 591,464
973,948 1,017,098
Creditors: Amounts Falling Due Within One Year 8 (35,426 ) (141,201 )
NET CURRENT ASSETS (LIABILITIES) 938,522 875,897
TOTAL ASSETS LESS CURRENT LIABILITIES 1,843,523 1,810,149
PROVISIONS FOR LIABILITIES
Deferred Taxation (27,559 ) (4,648 )
NET ASSETS 1,815,964 1,805,501
CAPITAL AND RESERVES
Called up share capital 9 108 108
Profit and Loss Account 1,815,856 1,805,393
SHAREHOLDERS' FUNDS 1,815,964 1,805,501
Page 1
Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
R J Davis
Director
2 September 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Sov Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12336981 . The registered office is Riverside House Maple Drive, Dyffryn Business Park, Hengoed, CF82 7UA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Not provided
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
The average number of employees during the year was 8 (2024: 8)
8 8
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 January 2025 790,304 229,519 23,749 46,150
Additions - 3,149 - 967
As at 31 December 2025 790,304 232,668 23,749 47,117
Depreciation
As at 1 January 2025 - 126,928 13,730 25,189
Provided during the period - 25,930 2,505 5,450
As at 31 December 2025 - 152,858 16,235 30,639
Net Book Value
As at 31 December 2025 790,304 79,810 7,514 16,478
As at 1 January 2025 790,304 102,591 10,019 20,961
Computer Equipment Total
£ £
Cost
As at 1 January 2025 21,303 1,111,025
Additions 3,610 7,726
As at 31 December 2025 24,913 1,118,751
Depreciation
As at 1 January 2025 11,026 176,873
Provided during the period 3,092 36,977
As at 31 December 2025 14,118 213,850
Net Book Value
As at 31 December 2025 10,795 904,901
As at 1 January 2025 10,277 934,152
Page 4
Page 5
5. Investments
Subsidiaries
£
Cost or Valuation
As at 1 January 2025 100
As at 31 December 2025 100
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 100
As at 1 January 2025 100
6. Stocks
2025 2024
as restated
£ £
Stock 210,422 210,422
7. Debtors
2025 2024
as restated
£ £
Due within one year
Trade debtors 14,021 14,021
Other debtors 1,360 1,191
15,381 15,212
Due after more than one year
Other debtors 275,000 200,000
290,381 215,212
8. Creditors: Amounts Falling Due Within One Year
2025 2024
as restated
£ £
Trade creditors 1,943 12,950
Other creditors - 89,589
Taxation and social security 33,483 38,662
35,426 141,201
Page 5
Page 6
9. Share Capital
2025 2024
as restated
£ £
Allotted, Called up and fully paid 108 108
10. Related Party Transactions
During the year the company received rent of £77,808 (2024: £77,808) and management fees of £62,400 (2024: £62,400) from Sov Print Limited a company in which Sov Holdings Ltd has a controlling interest.
The company had an oustanding intercompany loan debtor at the year end due to Sov Print Ltd of £Nil (2024: £Nil).
Included within trade debtors is £14,021 owed from Sov Print Ltd (2024: £14,021).
Page 6